Li-Metal Corp. announced the appointment of Dr. Srini Godavarthy as its new Chief Executive Officer, effective May 15, 2023. Dr. Godavarthy, an experienced lithium industry executive, brings more than 20 years of commercial and operational experience to the role with a global leadership background in specialty chemicals and lithium battery materials.

Previously, he led the lithium metals and specialty salts business at Albemarle Corp, where his team was responsible for the commercial and technology development efforts for lithium metal, solid-state electrolytes and lithium metal anodes. Mr. Jastrzebski will continue to serve as an Executive Director of Li-Metal. The co-founders, Tim Johnston and Maciej Jastrzebski, will work alongside the Chairman, Mark Wellings, to transition the CEO function to Dr. Godavarthy, and to deliver positive outcomes for the Company's shareholders and broader stakeholders.